Illinois Tool Works Inc. (ITW) Dividend Increase: Growth and Capital Returns Continue

 

 On Friday, August 7, 2026, the Board of Directors of Illinois Tool Works Inc. (ITW) announced a quarterly dividend increase from $1.61 to $1.72 per share. The dividend will be payable on October 9, 2026, to shareholders of record as of September 30, 2026. This represents a 6.83% increase over the previous quarterly dividend.

In addition to the dividend increase, ITW announced that its Board of Directors approved a new authorization allowing the company to repurchase up to $6 billion of its common stock, further demonstrating its commitment to returning capital to shareholders.

Essential Utilities Inc. (WTRG) Dividend Increase: Reliable Utility Growth Continues

 

 On Wednesday, July 29, 2026, the Board of Directors of Essential Utilities, Inc. (WTRG) announced a quarterly dividend increase from $0.3426 to $0.3606 per share. The dividend will be payable on September 1, 2026, to shareholders of record as of August 11, 2026. This represents a 5.25% increase over the previous quarterly dividend.

Essential Utilities has paid consecutive quarterly cash dividends for over 80 years and has increased its dividend 36 times over the past 35 years—an impressive record of consistency.

Bank OZK (OZK) Dividend Increase: Consistent Quarterly Growth Continues

 

 On Wednesday, July 1, 2026, the Board of Directors of Bank OZK (OZK) announced a quarterly dividend increase from $0.47 to $0.48 per share. The dividend will be payable on July 20, 2026, to shareholders of record as of July 13, 2026. This represents a 2.13% increase over the previous quarterly dividend.

Steady Quarterly Growth

This marks another step in OZK’s long-standing pattern of quarterly dividend increases, now reaching 64 consecutive quarters of raises. On a year-over-year basis, the dividend has grown by 9.1%, highlighting the consistency of its growth model.

Royal Bank of Canada (TSE: RY) Dividend Increase: Strong Double-Digit Annual Growth

 

 On Thursday, May 28, 2026, the Board of Directors of Royal Bank of Canada (TSE: RY) announced a quarterly dividend increase from C$1.64 to C$1.76 per share. The dividend will be payable on August 24, 2026, to shareholders of record as of July 27, 2026. This represents a 7.32% increase over the previous quarterly dividend.

This marks RY’s second dividend increase within the past year. In December 2025, the bank raised its quarterly dividend from C$1.54 to C$1.64, a 6.49% increase. Combined, these two increases result in a total dividend growth of 14.3% over the past 12 months, which is an excellent outcome.

Toronto-Dominion Bank (TSE: TD) Dividend Increase: Solid Follow-Up Raise

 

On Thursday, May 28, 2026, the Board of Directors of The Toronto-Dominion Bank (TSE: TD) announced a quarterly dividend increase from C$1.08 to C$1.12 per share. The dividend will be payable on July 31, 2026, to shareholders of record as of July 10, 2026. This represents a 3.70% increase over the previous quarterly dividend.

This marks TD’s second dividend increase within the past year. Back in December 2025, the bank raised its quarterly dividend from C$1.05 to C$1.08 (a 2.86% increase). Combined, these two increases result in a total dividend growth of 6.67% over the past 12 months, which is a solid outcome.

Bank of Nova Scotia (TSE: BNS) Dividend Increase: Modest Growth Continues

 

On Wednesday, May 27, 2026, the Board of Directors of The Bank of Nova Scotia (TSE: BNS) announced a quarterly dividend increase from C$1.10 to C$1.14 per share. The dividend will be payable on July 29, 2026, to shareholders of record as of July 7, 2026. This represents a 3.64% increase over the prior quarterly dividend.

Pembina Pipeline Corporation (TSE: PPL) Dividend Increase: Modest Growth Continues

 

On Friday, May 8, 2026, the Board of Directors of Pembina Pipeline Corporation (TSE: PPL) announced a quarterly dividend increase from C$0.71 to C$0.735 per share. The dividend will be payable on June 30, 2026, to shareholders of record as of June 15, 2026. This represents a 3.52% increase over the prior quarterly dividend.

Main Street Capital Corporation (MAIN) Dividend Increase: Steady Monthly Growth Continues

 

On Tuesday, May 5, 2026, the Board of Directors of Main Street Capital Corporation (NYSE: MAIN) announced a monthly dividend increase from $0.26 to $0.265 per share. The dividend will be payable on July 15, 2026, to shareholders of record as of July 8, 2026. This represents a 1.9% increase over the prior monthly dividend and a 3.9% increase compared to the regular monthly dividends paid in the third quarter of 2025.

In addition to the regular monthly dividends for the third quarter of 2026, the company also declared a supplemental cash dividend of $0.30 per share, payable in June 2026.

RTX Corporation (RTX) Dividend Increase: Strong Growth Beats Expectations

 

 On Friday, May 1, 2026, the Board of Directors of RTX Corporation (NYSE: RTX) announced a quarterly dividend increase from $0.68 to $0.73 per share. The dividend will be payable on June 11, 2026, to shareholders of record as of May 22, 2026. This represents a 7.35% increase over the prior quarterly dividend.

Procter & Gamble (PG) Dividend Increase: 70 Years of Growth Continues

 

 On Tuesday, April 14, 2026, the Board of Directors of The Procter & Gamble Company (NYSE: PG) announced a quarterly dividend increase from $1.0568 to $1.0885 per share, marking the 70th consecutive year of dividend increases. The dividend will be payable on May 15, 2026, to shareholders of record as of April 24, 2026. This represents a 3.00% increase over the prior quarterly dividend.

Johnson & Johnson (JNJ) Dividend Increase: Reliable Growth Extends to 64 Years

 On Tuesday, April 14, 2026, the Board of Directors of Johnson & Johnson (NYSE: JNJ) announced a quarterly dividend increase from $1.30 to $1.34 per share, marking the 64th consecutive year of dividend increases. The dividend will be payable on June 9, 2026, to shareholders of record as of May 26, 2026. This represents a 3.08% increase over the prior quarterly dividend.

Bank OZK (OZK) Dividend Increase: Consistent Quarterly Growth Continues

 

 On Wednesday, April 1, 2026, the Board of Directors of Bank OZK (NASDAQ: OZK) announced a quarterly dividend increase from $0.46 to $0.47 per share. The dividend will be payable on April 20, 2026, to shareholders of record as of April 13, 2026. This represents a 2.17% increase over the prior quarterly dividend.

On a year-over-year basis, this marks a 9.3% increase compared to the dividend paid during the same period last year. Bank OZK continues its unique approach of raising the dividend every quarter and has now achieved 63 consecutive quarterly dividend increases.

Power Corporation of Canada (TSE: POW) Dividend Increase: Strong Growth Surprises to the Upside in 2026

 

 On Wednesday, March 18, 2026, the Board of Directors of Power Corporation of Canada (TSE: POW) announced a quarterly dividend increase from C$0.6125 to C$0.6675 per share. The dividend will be payable on May 1, 2026, to shareholders of record as of March 31, 2026. This represents an 8.98% increase over the prior quarterly dividend.

QUALCOMM Incorporated (QCOM) Dividend Increase: Modest Growth Continues in 2026

 

 On Tuesday, March 17, 2026, the Board of Directors of QUALCOMM Incorporated (NASDAQ: QCOM) announced a quarterly dividend increase from $0.89 to $0.92 per share. This increase will be effective for quarterly dividends payable after March 26, 2026, raising the annualized dividend to $3.68 per share. This represents a 3.37% increase over the prior quarterly dividend.

General Dynamics Corporation (GD) Dividend Increase: Solid Growth Continues in 2026

 

 

 On Monday, March 9, 2026, the Board of Directors of General Dynamics Corporation (NYSE: GD) announced a quarterly dividend increase from $1.50 to $1.59 per share. The dividend will be payable on May 8, 2026, to shareholders of record as of April 10, 2026. This represents a 6.0% increase over the prior quarterly dividend.

Canadian Natural Resources Limited (TSE: CNQ) Dividend Increase: Strong Track Record Continues in 2026

 

 On Thursday, March 5, 2026, the Board of Directors of Canadian Natural Resources Limited (TSE: CNQ) announced a quarterly dividend increase from C$0.5875 to C$0.625 per share. The dividend will be payable on April 7, 2026, to shareholders of record as of March 20, 2026. This represents a 6.38% increase over the prior quarterly dividend. Canadian Natural Resources continues its impressive track record of dividend growth, with 2026 marking the 26th consecutive year of dividend increases.

Eaton Corporation plc (ETN) Dividend Increase: Solid Growth Beats Expectations in 2026

 

 On Thursday, February 26, 2026, the Board of Directors of Eaton Corporation plc (NYSE: ETN) announced a quarterly dividend increase from $1.04 to $1.10 per share. The dividend will be payable on March 27, 2026, to shareholders of record as of March 10, 2026. This represents a 5.77% increase over the prior quarterly dividend. Eaton has paid dividends on its shares every year since 1923.

The Home Depot, Inc. (HD) Dividend Increase: Minimal Growth in 2026

 

 On Tuesday, February 24, 2026, the Board of Directors of The Home Depot, Inc. (NYSE: HD) announced a quarterly dividend increase from $2.30 to $2.33 per share. The dividend will be payable on March 26, 2026, to shareholders of record as of March 12, 2026. This represents a 1.30% increase over the prior quarterly dividend.

The Coca-Cola Company (KO) Dividend Increase: Consistent Growth Extends 63-Year Streak

 On Thursday, February 19, 2026, the Board of Directors of The Coca-Cola Company (NYSE: KO) announced a quarterly dividend increase from $0.51 to $0.53 per share. The dividend will be payable on April 1, 2026, to shareholders of record as of March 13, 2026. This represents a 3.92% increase over the prior quarterly dividend.

NextEra Energy, Inc. (NEE) Dividend Increase: Double-Digit Growth Continues as Planned

 

 On Friday, February 13, 2026, the Board of Directors of NextEra Energy, Inc. (NYSE: NEE) announced a quarterly dividend increase from $0.5665 to $0.6232 per share. The dividend will be payable on March 16, 2026, to shareholders of record as of February 27, 2026. This represents a 10.0% increase over the prior quarterly dividend.

This increase is consistent with the company’s previously announced plan of approximately 10% annual dividend per share growth through 2026 (off a 2024 base), followed by around 6% annual growth from year-end 2026 through 2028.